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2020-10-01 15:37 | Report Abuse
JFApex is a subsidary of Apex Equity Holdings Bhd (5088) with only RM185M cap. What is so great about JFApex. Even my company with less than 50 heads recorded higher annual avenue than its mkt cap.
2020-09-27 14:14 | Report Abuse
"Aero1" >>> If you refer to Harta latest AGM, the AMG only accounts for 2% of the overall revenue, and they don't care whether AMG or not, as long as you can deliver in time which is no less than 12 months. Also, due to spike in ASP and continue increase in ASP, there is negligible difference between normal nitrile and AMG glove during this period. On the other hand, Harta also has OBM model like Supermax and Topglove but only in China, India and Australia. Harta had only set aside 7% of its output for pandemic allocation or spot price.
https://www.insage.com.my/ir/cmn/t01/Agm_Egm.aspx?Symbol=5168
2020-09-19 23:46 | Report Abuse
Not sure about international terminal but just travelled to Sarawak a few days ago and saw that all shops in the domestic KLIA terminal closed down and even lighting was very dim. Presumably international terminal is no better. What a sad scene! Probably tenant will only come back after travel restriction is lifted and capacity restored to satisfactory level and that may be 2022 and beyond.
2020-09-11 08:58 | Report Abuse
This Macquarie has history of market manipulation in the past.
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-reprimands-and-fines-macquarie-and-two-former-heads-of-dealing
They had recently issued 2 very misleading or contradicting report on TG in a short time.
2020-09-11 08:57 | Report Abuse
This Macquarie has history of market manipulation in the past.
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-reprimands-and-fines-macquarie-and-two-former-heads-of-dealing
They had recently issued 2 very misleading or contradicting report on TG in a short time.
2020-09-11 08:54 | Report Abuse
"menort" >> Yes, you are right. Gathering my bullets awaiting for rebound.
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-reprimands-and-fines-macquarie-and-two-former-heads-of-dealing
2020-09-11 08:50 | Report Abuse
This Macquarie is fishy ...................
https://www.bursamalaysia.com/about_bursa/media_centre/bursa-malaysia-reprimands-and-fines-macquarie-and-two-former-heads-of-dealing
2020-09-09 09:32 | Report Abuse
https://edition.cnn.com/2020/09/08/health/coronavirus-vaccine-astrazeneca-pause/index.html
AstraZeneca pauses coronavirus vaccine trial after unexplained illness in volunteer
2020-09-09 09:32 | Report Abuse
https://edition.cnn.com/2020/09/08/health/coronavirus-vaccine-astrazeneca-pause/index.html
AstraZeneca pauses coronavirus vaccine trial after unexplained illness in volunteer
2020-09-02 16:20 | Report Abuse
I think it's two-fold. One is the upcoming bonus share issuance in these two days i.e. TG and Supermax respectively thus seemingly the share price would be lower than Harta and that may look more attractive those speculator or retail investor and second is the market maker at play to press down the glove sector counters before TG and Comfort QR announcement.
2020-09-02 16:02 | Report Abuse
Carepls last QR profit is including one-off 50% equity disposing to Ansell. Further Carepls is a much smaller company and is making losses for many quarters over past years, thus lower P/E.
Carepls already increase more than 2,500%. On the other hand, Harta had only increase by less than 200%.
Harta had only increase ASP by 5% in last quarter as shown in their investor briefing. Coming quarter will see around 30% increase ASP, thus possibly triple last QR profit or supergood.
Further its proprietary anti-microbial glove (AMG) shall be approved by FDA in coming weeks.
Quite likely they will announce bonus share on Sep 15 in conjunction with the AGM. Probably 1 - 1 like previous bonus share in 2018 but you'll never know.
2020-09-01 22:06 | Report Abuse
https://edition.cnn.com/2020/09/01/health/eua-coronavirus-vaccine-history/index.html
Past vaccine disasters show why rushing a coronavirus vaccine now would be 'colossally stupid'
CNN, updated 1022 GMT (1822 HKT) September 1, 2020
2020-09-01 22:06 | Report Abuse
https://edition.cnn.com/2020/09/01/health/eua-coronavirus-vaccine-history/index.html
Past vaccine disasters show why rushing a coronavirus vaccine now would be 'colossally stupid'
CNN, updated 1022 GMT (1822 HKT) September 1, 2020
2020-09-01 17:59 | Report Abuse
https://www.theedgemarkets.com/article/sanofi-says-kevzara-drug-fails-possible-covid19-treatment ..... All this hot air drugs which claim to be potential treatment for Covid-19 start to fail one after another. Probably the same goes to vaccine. The bottom line is that all scientist still do not know well about Covid and it will take some time to find a safe and effective vaccine.
2020-09-01 17:59 | Report Abuse
https://www.theedgemarkets.com/article/sanofi-says-kevzara-drug-fails-possible-covid19-treatment ..... All this hot air drugs which claim to be potential treatment for Covid-19 start to fail one after another. Probably the same goes to vaccine. The bottom line is that all scientist still do not know well about Covid and it will take some time to find a safe and effective vaccine.
2020-09-01 17:58 | Report Abuse
https://www.theedgemarkets.com/article/sanofi-says-kevzara-drug-fails-possible-covid19-treatment ..... All this hot air drugs which claim to be potential treatment for Covid-19 start to fail one after another. Probably the same goes to vaccine. The bottom line is that all scientist still do not know well about Covid and it will take some time to find a safe and effective vaccine.
2020-09-01 15:23 | Report Abuse
"speakup" >> It's a shame isn't it? All the regional big pharma factories i.e. MSD, Pfizer, Schering Plough, etc are in Singapore.
At the end of the day, we may just buy as it is from the pharma that invented the "proven" vaccine (though expected would be 2H2021 and beyond) to guarantee the efficacy and contamination free. Probably only Malaysia is talking about bottling the vaccine as though the other party has already agreed to it. And how that is going provides us with the security of supply, pandemic/outbreak preparedness and also places the country in the global vaccine landscape. What a joke!
2020-09-01 10:57 | Report Abuse
"Ally" >> Please PM on the next gem. TQ
2020-09-01 00:10 | Report Abuse
"Jackthejeep" >> You need to visit Harta NGC. They are pretty high tech and the boss send the team to Google campus to import the culture. You can have Starbucks like Latte in NGC for RM2 overlooking the lush green landscape. Good luck in your present undertaking. The worst has yet to come.
2020-08-31 23:49 | Report Abuse
"Jackthejeep" >> How can you equate Topglove to Dufu. Dufu PAT remain more or less the same or had in fact dropped quite a bit while Topglov is expected to see around RM1B PAT or maybe around 1,000% when QR is released later this month. Further, the order book is fill to the brim till late 2021, and quite possibly early 2022 going forward. How many counters can see super-bombastic profit and growth in coming quarters? How I wish working with the glove companies that will see super good year end bonus, while many companies had frozen increment, cut salary and maybe no bonus while cutting heads at the same time.
2020-08-31 23:36 | Report Abuse
"hungryghost88" >> Apparently his/her account was just registered today spreading fake news, must be one of those sourgrapes camouflage as concerned investor/trader. Daily cases are not falling rapidly, bouncing between 200k to 300k daily cases for the last 2 months and may increase exponentially in colder months beginning Sep, as alerted by Merkel (Germany Chancellor) and Tan Sri Dr. Noor Hisham separately. https://www.nst.com.my/news/nation/2020/08/620825/health-ministry-possible-year-end-spike-covid-19-cases
2020-08-31 23:29 | Report Abuse
"hungryghost88" >> Apparently his/her account was just registered today spreading fake news, must be one of those sourgrapes camouflage as concerned investor/trader. How can the clinical trial lead affect the daily infections? Further to that, India and Indonesia are also targeted site for Phase 3 clinical trials but cases are going up, up and away. Russia is also not doing any better despite claiming to be the first country with approved Covid vaccine.
2020-08-30 14:46 | Report Abuse
Harta AGM is on Sep 15 2020. Very likely to declare bonus share, not sure 1 - 1 ; 2 - 1, etc. The last time was in 2018, 1 - 1. The father bought back some shares this month.
2020-08-30 14:21 | Report Abuse
"gemfinder" >> That is really depending on your investment strategy. If you cannot stomach the ups and downs, just don't look at it and come back after 2 or 3 months. Otherwise, if you are a trader, you can always buy and sell on news. No one can control neither predict the day-to-day market sentiment. Market maker and smart money will be at play to shake-off weak holders and collect cheap ticket. After all, Top Glove fundamental is still in tact and guarantee to see bombastic earning (more than banks) in several quarters to come.
How I wish to work with all these big 4 glove companies that will see unsurpassed year end bonus while others including banks already freeze increment and unexciting bonus (if any) and many more industries will trim and cut pay as well as heads. RMCO will be extended again comes 2021 because there is no concrete exit plan in-sight. Hopefully, this crisis will not last more than previous Great Depression from 1929 - 1933.
2020-08-30 14:17 | Report Abuse
"gemfinder" >> That is really depending on your investment strategy. If you cannot stomach the ups and downs, just don't look at it and come back after 2 or 3 months. Otherwise, if you are a trader, you can always buy and sell on news. No one can control neither predict the day-to-day market sentiment. Market maker and smart money will be at play to shake-off weak holders and collect cheap ticket. After all, Top Glove fundamental is still in tact and guarantee to see bombastic earning (more than banks) in several quarters to come.
How I wish to work with all these big 4 glove companies that will see unsurpassed year end bonus while others including banks already freeze increment and unexciting bonus (if any) and many more industries will trim and cut pay as well as heads. RMCO will be extended again comes 2021 because there is no concrete exit plan in-sight. Hopefully, this crisis will not last more than previous Great Depression from 1929 - 1933.
2020-08-30 14:08 | Report Abuse
Yes, glove demand will remain in the uptrend because heighten hygiene would be in place even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.
Any Tom, Dick and Harry can jump into the glove business (and that may take around 2 years to materialize) but whether they'll survive is another question just like the Bubble Tea business. Only the strong ones will thrive due to economic of scale, secured distribution channel (or own distribution channel), own brand name, cost-labor-material-logistic advantage, proprietary technology, etc. By the way, China is no longer cheap and they will face aging population problem.
2020-08-30 14:04 | Report Abuse
Yes, glove demand will remain in the uptrend because heighten hygiene would be in place even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.
Any Tom, Dick and Harry can jump into the glove business (and that may take around 2 years to materialize) but whether they'll survive is another question just like the Bubble Tea business. Only the strong ones will thrive due to economic of scale, secured distribution channel (or own distribution channel), own brand name, cost-labor-material-logistic advantage, proprietary technology, etc. By the way, China is no longer cheap and they will face aging population problem.
2020-08-30 13:52 | Report Abuse
No matter what is the development on vaccine, he says, she says .......... ultimately, it boils down to the following :-
The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.
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Scientist still do not well of Covid and discover something new every month. They are still shooting in the dark. They can only guess (i.e. probably, could be, may be, if, etc), therefore, what is said today can be invalidated tomorrow. Better to wait for more solid study and trial. Only media, politician and self-proclaimed expert seemed to know better than the scientist. From my experience, a real expert is usually humble, open to learn new things and would not comment on things beyond their area of expertise.
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Forget about safe and high efficacy vaccine for now and closely observe the SOP. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that an upcoming vaccine will put an end to this crisis. Our colleague in Tokyo and agent in Indonesia also caught Covid but they exhibit only mild fever while the other is asymptomatic. But if you have cancer, you should be more worried.
2020-08-30 13:47 | Report Abuse
"chrischinmy" >> That is really up to individual and your investment style. We suspect, Supermax may release its next QR in Oct, or a month earlier like what Carepls just did in July, since it is not audited unless full year result or Q4, because it would be SUPER-bombastic. Further, Supermax seem to be actively engaging the shareholder on its flying color performance. On the other hand, TG QR (and Comfort) will be released in Sep, that may uplift or upkeep the sentiment on glove sector.
2020-08-30 13:39 | Report Abuse
No matter what is the development on vaccine, he says, she says .......... ultimately, it boils down to the following :-
The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.
------------------------------------------------------
Scientist still do not well of Covid and discover something new every month. They are still shooting in the dark. They can only guess (i.e. probably, could be, may be, if, etc), therefore, what is said today can be invalidated tomorrow. Better to wait for more solid study and trial. Only media, politician and self-proclaimed expert seemed to know better than the scientist. From my experience, a real expert is usually humble, open to learn new things and would not comment on things beyond their area of expertise.
------------------------------------------------------
Forget about safe and high efficacy vaccine for now and closely observe the SOP. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that an upcoming vaccine will put an end to this crisis. Our colleague in Tokyo and agent in Indonesia also caught Covid but they exhibit only mild fever while the other is asymptomatic. But if you have cancer, you should be more worried.
2020-08-30 13:26 | Report Abuse
"817605" - Exactly! Heighten hygiene would be in placed even if the pandemic is brought under control eventually (though that may only be in 2022 onwards, hopefully) like the 9/11 incident that has heighten the security across the world. Covid is here to stay just like the terrorist. No one wants to be left out of the economic recovery and put on high alert due to another virus outbreak.
2020-08-29 23:33 | Report Abuse
D614G mutation was discovered by scientists in July 2020, and could render existing vaccine research incomplete or ineffective against the new strain.
Further, more and more reinfection are being identified while some got sicker the second time, This raises the question on the durability of the antibody either induced naturally or by vaccination.
The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.
Forget about safe and high efficacy vaccine. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that vaccine will put an end to this crisis.
2020-08-29 23:32 | Report Abuse
D614G mutation was discovered by scientists in July 2020, and could render existing vaccine research incomplete or ineffective against the new strain.
Further, more and more reinfection are being identified while some got sicker the second time, This raises the question on the durability of the antibody either induced naturally or by vaccination.
The pandemic feels like it’s gone on for 1 million years, but in a more real way, the coronavirus has only existed in the human population for about nine months. Scientists have learned so much, so fast, but there’s still a long way to go. The human immune system is weird and confusing, and it’s squaring off against a new, never-before-seen virus. It’s going to take time to understand what’s happening, quoted by Nicole Wetsmen.
Forget about safe and high efficacy vaccine. Healthy person should be more worried about cancer and other chronic diseases, which kill more people than Covid. In 2020, it is expected to have 600k to 700k death in US alone due to cancer, and our Black Panther hero just succumb to it. You wouldn't want to take unproven vaccine which could induce rare disease, increase high chances of cancer, heart attack, etc. Don't get your focus off the importance to live a healthy live than being led blindly that vaccine will put an end to this crisis.
2020-08-27 23:15 | Report Abuse
Who is JFApex?, sounds like a big foreign financial institution or renown financial analyst but merely a subsidiary of Apex Bhd (5088), a small cap listed company, with revenue and profit far far far away from my company with only 50pax including driver. Very misleading remarks on glove sector and esp. on the no of Covid cases as well as people found with high antibody level in India. Quite likely wanting to create fake news in order to collect cheap ticket before next rally.
2020-08-27 23:13 | Report Abuse
Who is JFApex?, sounds like a big foreign financial institution or renown financial analyst but merely a subsidiary of Apex Bhd (5088), a small cap listed company, with revenue and profit far far far away from my company with only 50pax including driver. Very misleading remarks on glove sector and esp. on the no of Covid cases as well as people found with high antibody level in India. Quite likely wanting to create fake news in order to collect cheap ticket before next rally.
2020-08-27 23:11 | Report Abuse
Who is JFApex?, sounds like a big foreign financial institution but merely a subsidiary of Apex Bhd (5088), a small cap listed company, with revenue and profit far far far away from my company with only 50pax including driver. Very misleading remarks esp. on the no of Covid cases and people found with high antibody level in India. Quite likely wanting to create fake news in order to collect cheap ticket before next rally.
2020-08-27 23:10 | Report Abuse
Who is JFApex?, sounds like a big foreign financial institution but merely a subsidiary of Apex Bhd (5088), a small cap listed company, with revenue and profit far far far away from my company with only 50pax including driver. Very misleading remarks esp. on the no of Covid cases and people found with high antibody level in India. Quite likely wanting to create fake news in order to collect cheap ticket before next rally.
2020-08-27 19:01 | Report Abuse
"selesa2020" >> the fatality rate of Covid-19 thus far is merely in the single percentile only, mostly are elderly and people with prior conditions. Our Tokyo office colleague and Indonesia agent also had Covid but merely asymptomatic and mild fever respectively. You should be worried long term effect of unproven vaccine that may heighten complications and chances of rare disease, heart attack, cancer, etc. Don't worry, the world population growth will outpace the Covid death.
2020-08-27 18:54 | Report Abuse
Duopharma and Pharmaniaga only syok sendiri. At the end of the day, if a safe and moderate efficacy vaccine is found (though not likely before 2H2021, otherwise never), Malaysia government may have to bow to the terms and conditions and likely to import as it is in original vial to guarantee the efficacy and contamination free. The bottling and packaging if really were to be carried out by the local pharma will only take 2 to 3 months. And, how can they make a handsome margin since we do not have the volume compared to India, China, etc, otherwise might as well import directly which is likely cheaper. Our population is 0.035 billion and India is 1.35 billion. India is likely the vaccine producer of the world. Further, regional big pharma factories are in Singapore i.e. MSD, Pfizer, Schering Plough, etc.
2020-08-26 23:59 | Report Abuse
Moderna tested on 10 adults (elderly) and that is pathetic.
https://en.wikipedia.org/wiki/Moderna. .......given that an mRNA vaccine – efficacy issues aside – will always stimulate a level of antibody development in subjects................None of its mRNA molecules had reached large clinical trials, and several had failed due to side-effects. mRNA is "not proven" and had abandoned by many large pharma and biotech companies.
Moderna founder left and is now run by ex-salesperson as well as ex-IBs, jacking up the share price with vaccine news and sell-off almost immediately. One of the board member also elected by Trump administration into Operation Warp Speed.
All the above suggested Moderna is just Trump puppet to shore up support.
2020-08-26 23:16 | Report Abuse
https://www.thestar.com.my/business/business-news/2020/08/25/pharmaniaga-to-invest-rm2mil-in-vaccine-facility. 2 million investment? Less than my semi-D. Probably doing home based syrup bottling business?
Pathetic!, how can the share price got so high. At the end of the day, probably our government has to bow to the pharma (that came out with the vaccine no earlier than 2H21) terms and conditions to import in its original vial in order to guarantee the efficacy and contamination free. By the way, all the regional big pharma factories i.e. MSD, Pfizer, Schering Plough, etc are in Singapore, not Malaysia.
2020-08-26 23:07 | Report Abuse
"Eric Ng" >> Moderna tested on 10 adults (elderly) and that is pathetic.
https://en.wikipedia.org/wiki/Moderna. .......given that an mRNA vaccine – efficacy issues aside – will always stimulate a level of antibody development in subjects................None of its mRNA molecules had reached large clinical trials, and several had failed due to side-effects. mRNA is "not proven" and had abandoned by many large pharma and biotech companies.
Moderna founder left and is now run by ex-salesperson as well as ex-IBs, jacking up the share price with vaccine news and sell-off almost immediately. One of the board member also elected by Trump administration into Operation Warp Speed.
All the above suggested Moderna is just Trump puppet to shore up support.
2020-08-26 00:01 | Report Abuse
"Mabel" >> If there is any SELL call from the IBs or analyst, he/she should be hang. 9 out of 10 stocks in the BURSA is losing money or diminish profit and the trend will continue while glove counters are making handsome profit (or bombastic in some cases), at least till end of 2021, or even beyond that. A survey by FMM suggested 41.1% of Malaysia manufacturers cannot survive more than 12 months, and the clock is ticking..............
2020-08-25 23:38 | Report Abuse
https://www.nst.com.my/world/world/2020/08/619162/hong-kong-identifies-first-proven-case-covid-reinfection
PARIS: Researchers in Hong Kong Monday identified what they said was the first confirmed case worldwide of Covid-19 reinfection, raising questions about the durability of immunity, whether acquired naturally or with a vaccine.
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So vaccine may not be the touted silver bullet, and even to come out with a safe and >50% effective vaccine is like shooting in the dark. Scientist still do not know well about Covid-19, and discover something new every month. Only the politicians and media "seem" to know more about the vaccine than the scientist.
2020-08-25 23:29 | Report Abuse
Aminvest only cover Kossan, TG and Harta, never touch Supermax because its QR just released and it was bombastic, next QR may be RM800M or more thus double of last QR. Share is forward looking or at least 6 months. When the next QR is released, all analyst will revise the TP. BTW, Harta forward PE is slightly below its average PE for last 3 years based on the share price in last one week. TG and Comfort QR will be released in Sep and it would be super-good, while the former would be bombastic.
>90% of the analysts still maintain BUY call for glove stocks and with favorable TP.
By the way, Aminvest opined that vaccine will only be available from 2H21 onwards and glove demand remain high due to stricter hygiene measures. Please bear in mind, WHO and CDC is of the opinion Covid is too widespread and there is no way to end the pandemic. Even if vaccine is able to bring down the cases, stricter hygiene measures remain in place. Very likely, airline, cruise, hotel, etc will necessitate using gloves when their businesses pick-up eventually though not anytime soon.
Please bear in mind, scientist still do not know Covid-19 well, merely shooting in the dark. They discover something new every month. New highly contagious Covid variant was identified and proof of reinfection surfaced thus may indirectly translate to any vaccine if found to be safe and at least 50% effective (by chance or very-very lucky), may only provide very brief protection thus not feasible. The cycle to produce, distribute and vaccinate the population may take 1 year or more, thus anything less than 1 year is not feasible. Probably we have to look into other measures in short to medium term, instead of banging on the silver-bullet (or vaccine).
2020-08-25 23:00 | Report Abuse
Aminvest never touch Supermax because its QR just released and it was bombastic, next QR may be RM800M or more thus double of last QR. Share is forward looking or at least 6 months. When the next QR is released, all analyst will revise the TP. All that we know Harta had only increased ASP by 5% on last quarter (while the profit is about doubled), and around 30% on next quarter, thus super-good earning from next quarter onwards. Further to that, Harta proprietary anti microbial glove (AMG) is expected to be approved by FDA shortly within this year that will set a new standard in the glove industry with long lasting improved earning. Harta fundamental is very good.
TopGlove QR will be released in Sep and it would be bombastic, Aminvest will raise the TP to at least RM40 (in equivalent value after share split). Rising tide will raise all boats.
More than 90% of the analysts still maintain BUY call for glove stocks and with favorable TP.
By the way, Aminvest opined that vaccine will only be available from 2H21 onwards and glove demand remain high due to stricter hygiene measures. Please bear in mind, WHO and CDC is of the opinion Covid is too widespread and there is no way to end the pandemic. Even if vaccine is able to bring down the cases, stricter hygiene measures remain in place. Very likely, airline, cruise, hotel, etc will necessitate using gloves when their businesses pick-up eventually though not this year nor anytime soon.
2020-08-25 22:30 | Report Abuse
"mf" >> Aminvest only cover Kossan, TG and Harta, never touch Supermax because its QR just released and it was bombastic, next QR may be RM800M or more thus double of last QR. Share is forward looking or at least 6 months. When the next QR is released, all analyst will revise the TP. BTW, Harta forward PE is slightly below its average PE for last 3 years based on the share price in last one week. TG and Comfort QR will be released in Sep and it would be super-good.
Nevertheless, 90% of the analysts still maintain BUY call for glove stocks and with favorable TP.
By the way, Aminvest opined that vaccine will only be available from 2H21 onwards and glove demand remain high due to stricter hygiene measures. Please bear in mind, WHO and CDC is of the opinion Covid is too widespread and there is no way to end the pandemic. Even if vaccine is able to bring down the cases, stricter hygiene measures remain in place. Very likely, airline, cruise, hotel, etc will necessitate using gloves when their businesses pick-up eventually though not anytime soon.
2020-08-25 22:12 | Report Abuse
Be Greedy when Others are Fearful, Be Fearful when Others are Greedy. Up and down is inevitable. Comfort fundamental is intact. Will reload if fall below 4 again. Dpharma, Pharma, Solutn, Bintai, HWGB, Ahealth, YSPSah & Kotra may be for goreng but these are not vaccine producer thus earning (if any) is very limited. Ultimately, if safe and high efficacy vaccine is found in 2021 onwards (though the chances is low because scientist do not know Covid-19 well thus only shooting in the dark), we may have to buy under the vaccine producer terms and conditions and NOT as what our government painted or desired. For your info, all the big pharma factories i.e. MSD, Pfizer, Schering Plough, etc are in Singapore, not Malaysia.
2020-08-24 17:33 | Report Abuse
Volume remained low today. After the "scaring you to death" stage, probably this is the "bored you to death" stage before pushing up again. Fundamental is very much intact.
Stock: [SUPERMX]: SUPERMAX CORPORATION BHD
2020-10-12 16:47 | Report Abuse
CMCO : 2 weeks, another 2 weeks and another 2 weeks. Probably many will panic buy tomorrow.